Freight rates are difficult to increase, oil prices are skyrocketing, and logistics costs continue to rise. This is the latest international logistics situation. Due to the conflict between Russia_Ukraine conflict, the supply of crude oil and natural gas has been blocked, the world crude oil price has risen, and the shipping company's route has been diverted. Sea, air, and land transportation all have varying degrees of impact.

Fuel cost situation of shipping companies over the years
The United States and the United Kingdom have implemented normal measures to ban the import of Russian crude oil and natural gas, and international low sulfur oil prices have immediately risen by 30_40%. From several hundred dollars per ton before, it has now surpassed 1200 dollars per ton. The container shipping costs of major shipping companies immediately increased significantly. In the near future, fuel demand will be very tight, and the global industry will become very chaotic. Both sea and air transportation costs may increase exponentially.Domestic land transportation and truck delivery in the United States are also facing the same situation. Domestic 95 gasoline has exceeded 9 yuan per liter, while Hong Kong diesel has doubled. The rise in gasoline prices has invisibly added to the cost of domestic and international logistics transportation. Logistics costs have increased, and there is a shortage of goods in the market, making it difficult to increase shipping costs. Both domestic and international logistics are facing dual pressures.

A person who has been operating logistics in China for many years revealed that the volume of goods transported has been declining year by year in recent years. The expenditure cost of diesel has been increasing year by year, leading to inflation. The original profit was only 10%, but recently it has been operating at a loss.
Another senior international logistics professional revealed that the cost of international shipping is huge now. Previously, a cost of 1000 yuan was converted into a profit of 100 yuan, but now a profit of 50 yuan is earned with an investment of 10000 yuan. Due to the increased frequency of sea voyages and port congestion, the cash week has become even longer.